The city of dreams
You can't talk about Orlando and its tourist potential without mentioning Walt Disney World. The park opened in 1971, the city went from a swamp to one of the most visited tourist destinations in the world. And no wonder, the experience is complete and has rides and attractions for people of all ages. If you want to know more about the parks, read on here.
In addition, Orlando has great outlets and shopping centers for those who want to immerse themselves in the North American lifestyle. It also has other attractions, such as beaches in nearby neighboring towns, swamp tours and much more. There's no shortage of tourist attractions and pleasant weather to keep your Vacation Home with a good occupancy rate all year round.
Read also: Townhouse, condo, single-family: understand the different types of real estate in the USA
[/mpc_alert]Profitability
A vacation home, in addition to guaranteeing an interesting outing for the whole family at least once a year, is the kind of investment that can be very profitable. The average occupancy rate for a Vacation Home is 50%. With this percentage, the monthly mortgage payments and basic maintenance costs are already covered. Best of all in Orlando, the occupancy rate goes up to 70% when the investment is well managed by a Vacation Home management company.
A standard Vacation Home (with an average of four bedrooms) has an annual expenditure of around US$ 16 thousand and a net yield of 3 to 5% of the property value in the region. All figures are estimated averages, as they depend on variables such as political and economic stability and even the weather. However, Orlando has emerged with its tourist potential. Last year alone it received 75 million visitsan increase of 4.2% compared to 2017.
Investment security
Whether in Brazil or the United States, real estate investment is one of the safest. But doing so in the US has its advantages, such as the strength of the American dollar and the security and appreciation of the property. It's worth noting that it's the type of investment that you don't have the risk of sudden market fluctuations like others.
In addition, the country's tax and legal issues are well-defined and solid, with clear regulations that transmit security and stability for investors. And there are also the advantages of easy financing. Find out all about it at: How to buy a house in Florida.
Property Management - Vacation Home Management Orlando
As mentioned above, having a company responsible for managing your Vacation Home in Orlando is a way of increasing your investment income. In addition to having the security of the property being well maintained. Property management companies are responsible for administration, maintenance, cleaning, swimming pools and rentals.
In this way, they take care of the cleaning, garden and other necessary repairs and maintenance on the property. They are also responsible for negotiating rentals on sites such as Airbnb and Booking. In other words, when you hire a specialized company, your concern will be to manage your income with Vacation Home and enjoy your vacation at the property whenever you wish.
[ipt_fsqm_form id="8″]
[ipt_fsqm_form id="10″]
Expert advice
In addition to partnering with property management companies, as mentioned above, we at The Florida Lounge can help you find the ideal vacation home for your investment. Shall we start your dream?
We have offices in São Paulo, Rio de Janeiro, Belo Horizonte and Orlando and offer 360 consultancy specialized in this type of investment for the Brazilian public. Get in touch via the banner below and find the ideal investment for you. Did you like this article? Keep an eye on our blog! Looking to invest in real estate in Florida? See the list of houses for sale in Florida we've selected for you!
Did you like the article? Keep an eye on our blog! Looking to live or invest in real estate in Florida? See the list of houses for sale in Florida we've selected for you!
Leo Martins
My role is to create an environment for people to connect with Real Estate in Florida